Tue, Apr 23, 2019
9:11 pmThe Wall Street Journal: SoftBank founder Masayoshi Son reportedly lost $130 million on bitcoin bet
Masayoshi Son, the billionaire founder of SoftBank Group Corp., made a huge personal bet on bitcoin just as prices for the digital currency peaked, losing more than $130 million when he sold out, according to people familiar with the matter.
8:36 pmEarnings Watch: Facebook earnings: Negative headlines don’t seem to matter to its finances
You may have noticed that Facebook Inc. seems to face a new scandal every day. But advertisers, users and investors don’t seem to care.
8:34 pmMarket Extra: Strait of Hormuz: Oil ‘choke point’ in focus as U.S. ends Iran oil waivers
Geography could matter for investors around the world if Tehran moves to close or at least hinder the world’s busiest waterway for global oil shipments in retaliation for the U.S. decision to demand that all Iran oil buyers halt purchases by May 1.
8:20 pm: Snap stock pops, then fizzles after earnings beat
Snap Inc. shares jumped more than 10% in after-hours trading Tuesday after the company added more users than expected, but the stock gave back most of those gains though the afternoon.
7:40 pmMarket Extra: Oil’s rally challenges bond investors’ dim global economic outlook, says strategist
If the steady climb in oil prices reflects increased global demand, bond-market bulls could be in for a nasty surprise.
6:47 pmThe Fed: Trump’s Fed pick Moore irks senator for calling Cleveland and Cincinnati ‘armpits of America’
Trump’s embattled Fed pick Stephen Moore is drawing flak from a senior Senate Democrat for calling Cincinnati and Cleveland ‘armpits of America’
6:46 pmThe Wall Street Journal: Alphabet’s Wing wins first FAA approval for drone deliveries
Alphabet Inc.’s Wing Aviation unit has received the first U.S. authorization to operate a fleet of unmanned aircraft for consumer-goods deliveries, a move that could jump-start various companies’ commercial drone services nationwide.
6:46 pmWhite House misses deadline to turn over Trump taxes to Congress
The White House missed a deadline to turn over President Donald Trump’s tax returns to a House committee, in what could lead to a court fight for the papers.
6:30 pmMarket Extra: ‘I did not expect us to be at all-time highs by April’, says Morgan Stanley’s Wilson as stock market pops
Stocks in 2019 have thus far befuddled Michael Wilson, with the S&P 500 and Nasdaq Composite breaking out above their closing records in Tuesday trade.
6:14 pmMarijuana investors are forgetting about legal risks faced by cannabis companies
Lawsuits could easily arise out of health risks and for several other reasons, lawyers say.
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